A sign of Ant Group is seen during the World Internet Conference in Wuzhen, Zhejiang province, China, Nov. 23, 2020. REUTERS/Aly Song/File PhotoU.S. asset manager Fidelity Investments has halved the valuation of its shares in Ant Group, the Chinese financial technology company at the centre of a major regulatory crackdown, the Wall Street Journal reported…
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ISTANBUL (Reuters) – “Turkey Unlimited. Now available without Turks,” reads a mock tourism advert on social media, poking fun at the sight of foreign tourists roaming quiet streets while most Turks are confined to home by a coronavirus lockdown.FILE PHOTO: A tourist poses for a souvenir photo outside the historic Suleymaniye Mosque in Istanbul, Turkey,…
Wall Street’s main indexes opened higher on Wednesday after megacap stocks bounced back from a steep selloff in the previous session, while a survey showed a solid rise in private jobs in April.The Dow Jones Industrial Average (.DJI) rose 30.96 points, or 0.09%, at the open to 34,163.99.The S&P 500 (.SPX) opened higher by 12.40…
2/2 © Reuters. Climate change migrants 2/2 By Valerie Volcovici WASHINGTON (Reuters) – The U.S. Senate overwhelmingly approved the first major infrastructure bill in this Congress that would authorize over $35 billion to upgrade the country’s drinking and wastewater systems, a rare bipartisan show of support as the lawmakers remain divided over other infrastructure investments.…
© Reuters. FILE PHOTO: President Biden holds a meeting on the American Jobs Plan at the White House in Washington By Nandita Bose, Jarrett Renshaw and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden plans to unveil a sweeping $1.8 trillion package for families and education in his first joint speech to Congress on Wednesday,…
MarketsStocks are flat after tech names give up early gainsPublished Tue, May 4 20216:02 PM EDTUpdated Moments AgoJesse Pound@jesserpoundMaggie Fitzgerald@mkmfitzgeraldShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailVIDEO2:5602:56U.S. futures point to a higher open as stocks seek rebound after sell-offSquawk BoxU.S. stocks churned near the flat line on Wednesday after major…
WASHINGTON (Reuters) – U.S. services industry activity grew at a slightly slower pace in April, likely restrained by shortages of inputs amid a burst of demand that is being driven by massive fiscal stimulus and a rapidly improving public health environment.FILE PHOTO: A woman wearing a protective mask walks past empty tables outside a restaurant,…
WASHINGTON (Reuters) – The U.S. economy may be growing more quickly and unemployment falling faster than the core of Federal Reserve policymakers projected in March, Fed Governor Michelle Bowman said on Wednesday, a development that could fuel debate about the outlook for monetary policy.FILE PHOTO: U.S. Federal Reserve Governor Michelle Bowman poses at a conference…
Israeli Prime Minister Benjamin Netanyahu’s two main political rivals each asked the president on Wednesday for the chance to try to form a government, after Netanyahu failed to meet an overnight deadline to assemble a coalition.Israel’s longest serving leader, Netanyahu, 71, has been fighting to hold onto office through four inconclusive elections since 2019.The most…





